Advanced Air Mobility

Horizon Aircraft Provides Update on Technical Flight Testing Progress

Retrieved on:

Mercredi, mai 8, 2024

Aircraft, AAM, Completion, Engineering, Patent, Advanced Air Mobility, Vertical, Airline

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced several updates as the Company continues to prove critical technology elements of its unique aircraft.

Key Points:

~ Continuing Detailed Design of the Full-Scale Cavorite X7 Hybrid eVTOL Aircraft, on Track for Completion and Testing in 2026 ~
TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced several updates as the Company continues to prove critical technology elements of its unique aircraft.
I am continually amazed with the technical aptitude of our team as it clears one engineering hurdle after another.
With the detailed design and aerodynamic analysis sufficiently developed, physical production and testing of the core vertical lifting fan technology represents a significant technical step towards building the full-scale prototype aircraft.
Transitional flight tests remain on schedule to be completed by mid-summer and the aircraft continues to demonstrate expected stability and control.

HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCES

Retrieved on:

Mercredi, mai 8, 2024

EDT, Social media, Transport, News, Jefferies, Conference, Automation, Regulation Fair Disclosure, Bank, Regulation, Advanced Air Mobility, Organization, Aviation, Disclosure

CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in May.

Key Points:

CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in May.
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world.
Our business is aligned with three powerful megatrends – automation, the future of aviation, and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform.
Honeywell uses our Investor Relations website, www.honeywell.com/investor , as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.

Horizon Aircraft Provides Corporate Update

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Mardi, avril 16, 2024

Aircraft, AAM, Completion, Partnership, Letter, Business analyst, Transition, Advanced Air Mobility, Vertical, Airline

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update.

Key Points:

~ Continuing Detailed Design of the Full-Scale Cavorite X7 Hybrid eVTOL Aircraft, on Track for Completion and Testing in 2026 ~
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update.
Brandon Robinson, Chairman and Chief Executive Officer of Horizon commented, “Horizon had a tremendous start to 2024.
The aircraft features a patented wing system allowing it to fly the majority of its mission in a configuration similar to that of a normal aircraft.
With a growing team of aviation professionals, engineers and technicians, Horizon Aircraft elite prototyping team is positioned to build its full-scale demonstrator on schedule.

Terra Drone, Unifly, and Aloft Technologies Launch UTM Development for AAM Targeting Global Markets

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Jeudi, avril 25, 2024

TOKYO, April 24, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) (1) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world's first-ever (2) joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation. The three companies made the announcement at the prominent uncrewed system and robotics expo XPONENTIAL 2024 in San Diego.

Key Points:

TOKYO, April 24, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) (1) for AAMs targeting global markets.
This collaboration marks the world's first-ever (2) joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
Terra Drone, Unifly, and Aloft are embarking on this joint UTM development to seize the opportunities presented by the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), which are poised to revolutionize transportation.
Through this groundbreaking initiative, the three companies aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide.

Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets

Retrieved on:

Jeudi, avril 25, 2024

AAM, Ecosystem, Safety, Morgan Stanley, Research, Limit, Transport, Automation, UAM, Urban Air Mobility, UTM, Advanced Air Mobility, Growth

TOKYO, April 25, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) for AAMs targeting global markets.

Key Points:

TOKYO, April 25, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) for AAMs targeting global markets.
Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S.
This collaboration marks the world's first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation.

Investing in the Electric Aircraft Revolution

Retrieved on:

Mercredi, avril 3, 2024

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.

Key Points:

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.
KULR Technology Group, Inc. (NYSE American: KULR), betting on the electrification of everything, will play a key role in the safety of the electric aircraft future.
From startups like Eviation with their Alice aircraft to major players like Airbus and their E-Fan X project, the race is on to develop viable electric planes.
Some smaller electric aircraft are already taking to the skies for test flights ."

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Retrieved on:

Mardi, avril 2, 2024

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Key Points:

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.
Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.
Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions.
Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

DronePort Network Announces Strategic Partnership with Vigilant Aerospace to Provide Airspace Management at Drone Ports Across the US

Retrieved on:

Mardi, avril 9, 2024

DAA, Aircraft, ASM, 2D, Growth, Partnership, 3D, Aviation, UAS, UTM, Public sector, Advanced Air Mobility, AAM, Airline

OKLAHOMA CITY, April 9, 2024 /PRNewswire/ -- Vigilant Aerospace, a leading developer of detect-and-avoid and airspace management software for uncrewed aircraft systems (UAS or drones), has been announced as a strategic partner by DronePort Network to provide Airspace Management (ASM), Detect-and-Avoid (DAA), and Unmanned Traffic Management (UTM) for future drone port projects throughout the United States. Vigilant Aerospace's FlightHorizon solution provides the advanced situational awareness required for safe, scalable autonomous flight.

Key Points:

Vigilant Aerospace's FlightHorizon solution provides the advanced situational awareness required for safe, scalable autonomous flight.
DronePort Network is a system integration and infrastructure development company focused on helping regions and communities transition to the next generation of the aviation economy.
DronePort Network is a perfect example of this innovative approach, bringing together the expertise necessary to make commercial autonomous flight a reality.
We're thrilled to launch this strategic partnership and are excited to be a part of the future development of drone ports in the US."

Lilium and Atlantic Aviation Unite to Electrify Regional Air Mobility Across the U.S.

Retrieved on:

Mercredi, mars 13, 2024

Partnership, Air travel, Travel, FBO, Macquarie Infrastructure Corporation, Transport, Eye, City, Lilium Jet, Atmosphere, Sustainability, Advanced Air Mobility, Strategic planning, Airline

This strategic partnership will work to ensure seamless compatibility between the Lilium Jet and Atlantic's network of aviation assets across North America, enabling Advanced Air Mobility operations at current and future locations.

Key Points:

This strategic partnership will work to ensure seamless compatibility between the Lilium Jet and Atlantic's network of aviation assets across North America, enabling Advanced Air Mobility operations at current and future locations.
Atlantic operates sites at more than 30 airport locations within Lilium’s planned launch markets in Florida, Southern California, the Northeast corridor, and Texas.
Lilium and Atlantic will focus on infrastructure deployment and operations, with an eye toward passenger experience, at existing and upcoming sites.
This MOU follows several partnerships between Lilium and other providers globally, as well as the commencement of production of the Lilium Jet late last year.

SkyDrive Signs Pre-Order with Bravo Air and Agrees to Partner in Developing Commercial Use Cases Originating from Augusta Regional Airport

Retrieved on:

Vendredi, mars 15, 2024

View the full release here: https://www.businesswire.com/news/home/20240314869100/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240314869100/en/
Arnaud Coville, Chief Development Officer of SkyDrive on the left and Dann Standard, Operations of Bravo Air on the right.
The partnership with Bravo Air represents a bold step forward in expanding our presence beyond South Carolina and into Georgia.
Dann Standard, VP Operations of Bravo Air said, “Bravo Air is thrilled to be working with SkyDrive on revolutionizing AAM in the United States.
“
“We are pleased to welcome SkyDrive to the Augusta Regional Airport and the Central Savannah River Area,” said Mayor Garnett Johnson.